The Influence of Capital Expenditure, Leverage, and Dividend Policy on the Relative Value of Non-Financial Companies Listed on the IDX

Vicky Vicky ; Dewa Gede Wirama
International Journal of Economics, Management and... 📅 2024 Vol 1, No 3 🔗 DOI: 10.61132/ijema.v1i3.332
Abstract
The research aims to analyze the impact of capital expenditure, leverage, and dividend policy on the relative value of non-financial companies listed on the Indonesia Stock Exchange. Using a quantitative method and multiple linear regression analysis, data were collected from the financial statements of companies over a certain period. Descriptive statistical tests, classical assumption tests, and hypothesis tests were conducted to analyze the data. The results indicate that capital expenditure and leverage do not have a significant impact on the relative value of the companies, while dividend policy has a positive and significant effect. These findings have important implications for investors in considering a company's dividend policy before making investments. For companies, the results serve as a reference to pay more attention to dividend policies in efforts to increase the relative value of the company.
Keywords
Capital; Expenditure; Leverage
How to Cite

Vicky Vicky & Dewa Gede Wirama (2024). The Influence of Capital Expenditure, Leverage, and Dividend Policy on the Relative Value of Non-Financial Companies Listed on the IDX. International Journal of Economics, Management and Accounting, 1(3). https://doi.org/10.61132/ijema.v1i3.332

Vicky Vicky; Dewa Gede Wirama, "The Influence of Capital Expenditure, Leverage, and Dividend Policy on the Relative Value of Non-Financial Companies Listed on the IDX," International Journal of Economics, Management and Accounting, vol. 1, no. 3, 2024.

Vicky Vicky; Dewa Gede Wirama. "The Influence of Capital Expenditure, Leverage, and Dividend Policy on the Relative Value of Non-Financial Companies Listed on the IDX." International Journal of Economics, Management and Accounting, vol. 1, no. 3, 2024.

Vicky Vicky; Dewa Gede Wirama. "The Influence of Capital Expenditure, Leverage, and Dividend Policy on the Relative Value of Non-Financial Companies Listed on the IDX." International Journal of Economics, Management and Accounting 1, no. 3 (2024).

Vicky Vicky & Dewa Gede Wirama (2024) 'The Influence of Capital Expenditure, Leverage, and Dividend Policy on the Relative Value of Non-Financial Companies Listed on the IDX', International Journal of Economics, Management and Accounting, 1(3). doi: 10.61132/ijema.v1i3.332.

Vicky Vicky; Dewa Gede Wirama. The Influence of Capital Expenditure, Leverage, and Dividend Policy on the Relative Value of Non-Financial Companies Listed on the IDX. International Journal of Economics, Management and Accounting. 2024;1(3).

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